National Counties cuts ten-year remortgage fees
National Counties has reduced the completion fee on its ten-year, fixed-rate remortgage to £495. The deal is available up to 75% loan-to-value (LTV) at 4.19%.
The ten-year, fixed-rate product has a completion deadline of May 1 and customers must be able to pay up to 10% of the original advance per annum.
Keith Barber, associate director of business development at National Counties, said: “Rises in the cost of living, coupled with increasing demands on family finances to help support younger generations and lower returns from pension funds than we’ve been used to in the past, mean that it is understandable that increasing numbers of people are approaching, or are in retirement, with mortgages and other loans outstanding.
“Our ten-year, fixed rate remortgage product can help people put in place a structured and affordable repayment plan which offers the reassurance of known monthly repayments due to the fixed interest rate.
“We take our lending responsibilities very seriously and our experienced underwriters individually assess each application.
“This approach enables us to look at each case on its merits. We are committed to offering solutions which will support existing homeowners at a time when family finances are under pressure.”
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